Rotech Subsea has completed two workscopes off the UK coastline for a power cable manufacturer. This adds to a track record of over 500 projects completed worldwide. The projects, which have recently been completed, saw subsea excavation innovator deploy two of its RS2 tools – which are part of the
Fugro is looking to sell its stake in Seabed Geosolutions, a joint venture company with French seismic player CGG. The Dutch subsea and survey specialist said it has stepped up its efforts, in consultation with its co-shareholder, to divest its 60 per cent interest in ocean bottom seismic specialist
ION Geophysical Corporation has started a new 3D multi-client reimaging program offshore Denmark. The initial 2,200 sq km phase of the 10,250 sq km program is aligned with the Danish Energy Agency’s objective to boost exploration activity by providing a modern, affordable 3D depth-imaged data set. T
McDermott and BHGE have been awarded contracts to provide a joint URF and SPS solution for the Inpex-operated Ichthys LNG field development, located off the northwest coast of Western Australia. The award includes a joint URF and SPS EPCI solution, comprising a new subsea well gathering system (GS4)
RusselSmith has wrapped up offshore structural assessment project for a major operator in Nigeria’s Niger Delta region. The project scope included the structural assessment of the topside and subsea sections of multiple production platforms, and the inspection of a 45-kilometer buried subsea pipelin
Eco Wave Power has finished the design and engineering of its Jaffa Port project expansion and started procurement of parts for the construction of the plant. The project, co-funded by the Israeli Energy Ministry, is planned to include the construction and installation of ten floaters on 30 linear m
Neptune Energy has started its first subsea installation and construction campaign on the Duva field with the installation of the Integrated Template Structure (ITS), in the North Sea offshore Norway. According to company’s social media update, the ITS is the first large scale piece of fabrication w
TechnipFMC has celebrated the first steel cut of the manifolds and subsea structures for CNOOC’s Liuhua 16-2 oilfields development project. The milestone took place in Jutal’s Zhuhai yard in China, bringing TechnipFMC a step closer to completion in this engineering, procurement, construction, instal
Toronto-based underwater mineral exploration company Nautilus Minerals has been authorized by the Supreme Court of British Columbia to enter into an acquisition agreement with Deep Sea Mining Finance. Under the agreement, Deep Sea Mining Finance should acquire certain subsidiaries of Nautilus and ce
Oslo-listed seismic player SeaBird said it will experience delays on two surveys previously secured in West Africa and the Americas. Namely, the 3D survey in West Africa was initially expected to be completed early in Q3 2019 utilizing the Nordic Explorer and is now estimated to be completed in the
GSP has signed a contract with TechnipFMC for the execution of various works within the Karish gas development project in Israel. Technip FMC has been contracted to engineer, build and commission the entire project infrastructure under an EPCIC contract with Energean Israel, the ultimate beneficiary
McDermott has reported quarterly loss of $146 million, or 80 cents per diluted share, compared to profit of $47 million, or 33 cents per diluted share in the second quarter of 2018. This marks a hat-trick of losses for the Houston-based company. Excluding charges, the adjusted loss for the second qu
Royal Boskalis Westminster has secured a contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in North West Australia. The contract awarded by Woodside Energy, in its capacity as operator of the Scarborough joint venture, potentia
Emerson has completed $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan. Emerson’s support services, predictive reliability software and digital twin solutions will help optimize operations and achieve reliable performa
